And the tab is substantial: $271 million. NJ Gov. Christie, who killed the trans-Hudson, $9 billion rail tunnel for financial reasons, is now left owing funds for work completed that his state would not be liable for had he not canceled the project.
Dec 1, 2010 Asbury Park Press (APP.com)
Time will tell whether this was a shrewd political move, saving the state billions of dollars, or a monumental failure of judgment. NJ must now repay the federal government $270 million; he forfeits $6 billion in transit, but prevents overrun costs.
Oct 28, 2010 Bloomberg News via Crain's New York Business